517 Barrett St

Thank you for checking out the listing at 517 Barrett St in Frankfort, KY. This 0.22-acre industrial-commercial (IC) zoned property offers a prime leasing opportunity for businesses in need of warehouse, distribution, or light manufacturing space.

This well-positioned lot is an excellent opportunity for businesses seeking flexible industrial-commercial space in Frankfort. The property is fully entitled and located in an Opportunity Zone, making it an attractive investment with potential tax advantages. With its approved site plan, competitive ground rent, and completed survey, the parcel is ready for immediate development.  We are open to partnership opportunities to maximize the potential of this site. Contact us today for more details or to schedule a site visit.

Key Property Details:

Monthly Ground Rent: $550/month (Based on $30,000 per acre per year)

Zoning: IC (Industrial Commercial)

Approved Development Plan: Approved in October 2024 for one storage building (14 ft tall)

Survey Available: Completed by EA Partners and can be provided upon request

Flexible Use Potential:

Permitted Uses:

Wholesaling, warehousing, and distribution

Limited retail sales and services

Manufacturing from pre-manufactured parts

Conditional Uses:

Residences for caretakers or watchmen

Churches

Schools

Retail sales of used merchandise

This well-positioned lot is an excellent opportunity for businesses seeking flexible industrial-commercial space in Frankfort. The property is fully entitled and located in an Opportunity Zone, making it an attractive investment with potential tax advantages. With its approved site plan, competitive ground rent, and completed survey, the parcel is ready for immediate development. The well-draining soil and open layout also make it a great option for greenhouse operations, including cultivation and specialty growing.

We are open to partnership opportunities to maximize the potential of this site. Contact us today for more details or to schedule a site visit.